Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

Here's the full story for anyone wanting to watch it. Not much need to read between the lines, in order to see the benefits for ARR. I wonder how much Iluka Resources paid 60 Minuets to market their neat little pile of REEs. We are looking at mining in terms of months what they claim to have in total it would seem. Their benefit stems from building out a processing ability for a more secure supply chain. Quite a favourable loan from the feds, I would have thought Lynas would be the player here, given they are building a plant in Texas to process for the US.

IMO Lynas could become a likely partner to process ARR ore, negating the logistical need for sending their material to Texas. Building out capacity to process ARR ore could get us to a "Mine to Magnet Producer" our end goal very quickly. As discussions are already being make with REEMF about a partnership re their demo plant, I would be shocked if discussions with Lynas don't eventuate over the next year or so.